See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

122 Bank Ave, New Iberia, LA, 70560

2beds
2baths
2,246sqft
$164,999
$73price/sqft
$1,334/moest. monthly cost
$53,360/yrincome needed

About This Home

Charming Colonial/Cottage in Historic Downtown New Iberia! Located just off Main Street, this 2-bedroom, 2-bath home offers classic character and a convenient location within walking distance to shopping and restaurants, Library, City Hall, New Iberia’s local events such as the Gumbo Cook Off, Sugar Cane Festival, parades, etc. Features include 10’ ceilings, hardwood floors, built-ins nestled in the spacious living room, dining and breakfast areas. A large den filled with natural light, laundry room, walk in pantry. Exterior highlights include a 1-car garage & one car carport, outdoor toilet, sink and storage area attached to the garage, fenced in backyard and a large front porch perfect for relaxing. Offered as-is, this property is a great investment opportunity or the perfect project for those looking to restore and personalize their home. Appliances staying with the house: Refrigerator, Stove/Oven, and dryer.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

3/10
Iberia Middle SchoolGrades 7-82.1 mi
7/10

Construction

Condition

  • Year built: 1939

Materials

  • Roof: Shake / Shingle

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Freezer,Garbage disposal,Range / Oven,Refrigerator

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Hardwood,Linoleum / Vinyl

Heating & Cooling

  • Heating features: Forced air,Gas
  • Cooling features: Central

Interior Area

  • Total interior livable area: 2,246 sqft

Property

Details

  • Parcel number: 0504714500

Features

  • Exterior features: Shingle,Wood,Brick

Lot

  • Lot size: 8,000 sqft

Parking

  • Total spaces: 4
  • Parking features: Carport,Garage - Detached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Lightning
Tornado
Cold Wave
Inland Flooding
Tsunami

FEMA Declared Disasters Across Louisiana Counties

Flood
Hurricane
Severe Storm
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $834$10,008
Home Insurance *$282$3,384
Property Taxes $49$588
Electricity $169$2,037
Total$1,334$16,008
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$45,737/yr
40% on housing$40,020/yr
45% on housing$35,573/yr

Louisiana FAIR Plan Programs

Louisiana Citizens Property Insurance Corporation

Covered
WildfireWildfire
Visit Website →

Louisiana Citizens Property Insurance Corporation - Coastal Plan

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 151,075Commercial: 10,572
Total Premiums$518.28M
Total Exposure$41.71B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.3%
12.3%
0%30.0%
Electricity Growth Rate10-year average: 5.3%
5.3%
0%15.0%
Property Taxes Growth Rate2-year average: 5.2%
5.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$73This listing

vs Other Active Listings

Avg $/sqft

ZIP 70560$62
Iberia Parish$77

vs Homes Sold Last Month

Median $/sqft

ZIP 70560$105
Iberia Parish$105

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-03-29Price change$164,999
2026-01-05Listed for sale$180,000

For Sale by Owner

AgentProperty Owner

Similar Homes